Monday February 06 2012



MARKETS CLOSED MIXED today. AG FUTURES MARKETS finished higher today. Canola finished 4.10 above the previous close at 529.60. The trading range was 525.60 to 530.60. Chicago wheat settled at 668-1/2, up 7-3/4 with a range of 656-1/4 and 669. Minneapolis wheat ended the day at 841, 2-1/2 higher. Trading opened at 836 with the day's high and low of 845 and 835. Corn settled down 0-1/4 from the previous close at 644-1/4. The high-low range was 648-1/2 to 639-1/4. Chicago soybeans closed at 1233, up 0-1/2 with a session high of 1244 and the day's low at 1230-3/4. Soy oil finished 0.51 higher at 52.16. Chicago oats closed up 12-3/4 at 327.

CATTLE AND HOG FUTURES were down with live cattle at 123.625, unchanged. Feeder cattle finished down 0.300 at 154.150. Lean hog futures gave up 0.425 closing at 88.500.

THE CANADIAN DOLLAR was at 1.00320, down 0.0025. The US dollar was stronger against the euro at 1.3129, up 0.002.

AT 15:39 TORONTO STOCKS were down 17.43 points with the S&P index at 12559.85. The New York DJ industrial average was down 17.1 at 12845.13.

Natural gas ended at 2.579, up 0.080. Gold was down 17.70 at 1714.0.

IN THE METAL MARKETS TODAY copper futures dropped 0.0360 to 3.8655, silver dropped 0.104 to 33.645, platinum declined 5.10 to 1626.0 and palladium lost 1.55 to 707.30.

BUSINESS NEWS HEADLINES:

Ackman takes CEO plan to CP shareholders
BMO breached their privacy, customers say
CAW threatens Electro-Motive plant occupation
Canada's jobless rate hits 9-month high
Google India removes 'offensive' web pages
Greece caves in on civil service layoffs
House prices rise in Montreal, Toronto and Vancouver
Obama orders new Iran sanctions amid nuclear fears
Saskatchewan essential services law struck down
Sinopec lobbies top court in oilsands death case
Stores pull CAT boots to support Electro-Motive workers
Waterloo, Ont., stands by RIM despite market turmoil


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